Right in the heart of the city. Great income. The current managers rent a two bedroom apartment in the complex and rent theirs out as they wanted a larger apartment. This is an option for any future owner as well. Not many come up this like this one.
The owners will accept offers from $1,850,000. The reason for this is the Body Corporate wish it to be changed to a Corporate (short term) letting complex. They are available for discussion prior to purchase. All units except two are fully furnished and the agreements allow for corporate letting. This could be a gold mine and the net income could easily go up three fold. This makes the price extremely cheap.
Please contact Agent Robert Collins on 0404678792 or robertc@raas.com.au for inspections.

The current owners wish to sell their investment. The Body Corporate wants the building to be turned into corporate letting. The agreements allow this as it is a class 2 building. Income should triple when turned into a corporate let. Body Corporate representatives available for discussion on this topic if required.BC pays for all outside maintenance